Selecta Biosciences Announced Positive Topline Phase 3 Results

(24/7 MARKET NEWS) – Selecta Biosciences, Inc. (NASDAQ: SELB) and Sobi announced, this morning, positive topline results from the Phase 3 DISSOLVE I & II placebo controlled randomized clinical trials to determine safety and efficacy of two different dose levels of SEL-212 in adult patients with chronic refractory gout.

Selecta Biosciences is trading at $1.47, up $0.19 (+14.84%), on 600 thousand premarket shares.

Its 52-week trading range is $0.6469 to $2.73. Its next key resistance levels is $1.50.

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